[NFBOH-Cleveland] please spread the word

[delcenia brown]

Hello Everyone,

FYI

This is information for people who live in Cuyahoga County who are having
trouble paying their mortgage.

Cuyahoga County has 2 million dollars to help.

Please pass this information on to be people you know!

Thanks!

$2 Million of CARES ACT Funding for Mortgage Assistance Program

1/11/2021 


Media Contact: Miranda Kortan: (216) 698-2546;
<mailto:mkortan at cuyahogacounty.us> mkortan at cuyahogacounty.us 


CUYAHOGA COUNTY, OH - County homeowners who have been impacted by COVID-19
may be eligible for mortgage payment assistance. Cuyahoga County Council
approved $2 million of the County CARES Act funding received through the
U.S. Department of Housing and Urban Development's (HUD) Community
Development Block Grant (CDBG) program to provide a one-time, zero interest
deferred loan to urban Cuyahoga County homeowners who meet HUD eligibility
guidelines and who have difficulty paying their mortgages because of the
financial impact of COVID-19. The program is being administered by local
agencies CHN Housing Partners, Community Housing Solutions, and Empowering
and Strengthening Ohio's People (ESOP). 

"Currently 6 percent of homeowners in Cuyahoga County are 90 days or more
delinquent in their mortgage payment," said County Executive Armond Budish.
"This funding will provide an additional measure of security and peace of
mind to County homeowners knowing they will not risk losing their homes as
they work to recover financially from the economic impacts of the pandemic."


To be eligible for the Mortgage Assistance the borrower must meet the U.S.
Department of Housing and Urban Development's income guidelines, have missed
one or more mortgage payments due to COVID-19 and the house must be the
borrower's primary residence, among other criteria. 

Assistance is available while funds last. 

To apply for the Cuyahoga County Mortgage Assistance Program, call
216-600-2814. 

 

 

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